Campbell, CA – According to filings with the U.S. Securities and Exchange Commission, Ascenium is raising $23,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Peter Foley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Ascenium
Ascenium Inc is pioneering a disruptive approach to both significantly improving general purpose microprocessor performance as well as reducing power consumption by redefining the interface between the processor hardware and the compiler. By eliminating the Instruction Set Architecture (ISA) and leveraging bleeding edge compiler advancements to directly control a simple array of compute elements. Asceniums Aptos processor provides tremendous cycle-by-cycle flexibility to the compiler and greater ability to exploit instruction level parallelism. Our approach enables the elimination of much of the complexity and transistor cost of standard approaches, including deep pipelining and runtime functionality such as dynamic translation, instruction fetch and execution, branch prediction, renaming, and re-ordering. Why not do more work at compile time – and then reap the power savings rewards as the program is run millions of times in the datacenter.

To learn more about Ascenium, visit http://www.ascenium.com/

Contact:
Peter Foley, Chief Executive Officer
650-814-7710
https://www.linkedin.com/in/foleypete/

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